Bank of America Corporation

Principal Engineer

Bank of America Corporation$156K — $230K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years of technology leadership experience leading large global teams.
  • Deep knowledge of global payments and financial services, including various payment methods and regulatory compliance.
  • Experience leading enterprise analytics, business intelligence, data engineering, and AI/ML teams.
  • Expertise with modern data architectures and cloud-native analytics solutions.
  • Solid understanding of distributed data platforms, real-time processing, and API ecosystems.

Responsibilities

  • Develop engineering strategies for program/portfolio solutions in collaboration with Architecture.
  • Lead planning, definition, and design of complex features across multiple teams.
  • Generate innovative ideas for complex technology and solution designs.
  • Oversee technical aspects of solution development, including design reviews and code quality.
  • Define the technology tool stack for approved technologies in the solution.
  • Explore cutting-edge technologies to enhance development efficiencies and quality assurance processes.
  • Lead the end-to-end testing strategy and ensure integration across teams for the program/portfolio.

Benefits

  • Access to industry-leading benefits and paid time off.
  • Resources and support for employees to drive sustainable growth.
  • Participation in an annual discretionary incentive plan based on performance.
  • Opportunity to make a genuine impact and contribute to community development.
Full Job Description

Job Description:

This job is responsible for defining and leading the engineering approach for solutions at the program or portfolio level, to deliver significant business outcomes. Key responsibilities include continuously improving the design, quality, and reuse of the solution and delivering technology enablers that improve development efficiencies for the solution. Job expectations include familiarity with at least one area of engineering, acting as a “go to” reference across the organization, and applying knowledge to improve technical competencies through recruitment and development activities.

  • A transformational Senior Technology Leader who has led large-scale payments data and analytics platforms, delivered AI-driven insights capabilities, modernized enterprise data ecosystems, strengthened data governance and regulatory compliance, and partnered closely with business leaders to drive growth, operational excellence, and client value across global payments.

  • Proven experience leading architects, engineers, and product owners across multiple geographies.

  • Demonstrated success building and executing technology strategy aligned to business outcomes.

  • Strong executive presence with ability to influence senior business, operations, risk, and technology stakeholders.

Responsibilities:

  • Develops the engineering approach for the entire program/portfolio solution and works with Architecture, to develop/analyze/deliver the implementation of technical enablers

  • Leads the planning, definition, and design of the complex features which span multiple teams and explore solution alternatives

  • Creates ideas on designing complex technology and solution development approaches

  • Leads the technical oversight for teams in solution development including design reviews and code within own domain

  • Defines the technology tool stack for the solution within ranged of internally approved and supported technologies

  • Explores state-of-the-art technologies to improve development efficiencies, quality of test/QA coverage, and release management

  • Leads and is responsible for the end-to-end test strategy/creation/adherence, and the integration between teams for a program/portfolio solution

  • Responsible for defining and leading the engineering approach for Global Payments Insights and Business Intelligence at the program or portfolio level to deliver significant business outcomes.

  • Expert in areas of engineering and acts as a "go to" reference across the organization. Accountable for the engineering approach for the entire program/portfolio solution. 

  • Leads the planning, definition, and design of the complex features which span multiple teams and explores solution alternatives.

  • Creates ideas on designing complex technology and solution development approaches - e.g. boundary condition coverage for complex technology issues. Helps validate the economic impact of design decisions.

  • Leads the technical oversight for teams in solution development including design reviews and code within own domain.

  • Accountable for defining the technology tool stack for the solution within ranged of internally approved and supported technologies.

Required Qualifications:

  • 12+ years of technology leadership experience leading large global teams.

Payments & Financial Services Expertise

  • Deep knowledge of global payments, treasury services, cash management, liquidity, receivables, and transaction banking. Strong understanding of payment ecosystems, including Wire Payments, RTP/Instant Payments, ACH, Cross-Border Payments, ISO 20022, Regulatory and compliance reporting. Experience supporting large-scale payment platforms and data environments.

Data & Analytics Leadership

  • Experience leading enterprise analytics, business intelligence, data engineering, and AI/ML teams. Proven track record delivering: Executive reporting platforms, Operational analytics, Client insights, Regulatory reporting solutions, Self-service analytics capabilities

  • Expertise with modern data architectures, including data lakes, data warehouses, streaming platforms, and cloud-native analytics solutions.

  • Experience managing enterprise data products and authorized data sources.

Modern Data Platforms & AI

  • Strong understanding of:  Data Fabric architectures, Metadata management, Data observability, Data quality frameworks, Data lineage, Governance-as-Code, AI/GenAI-enabled analytics, Experience leveraging AI to improve business insights, operational intelligence, and decision-making.

  • Familiarity with enterprise-scale cloud and hybrid architectures.

Technology & Engineering Depth

  • Hands-on understanding of:  Distributed data platforms, Real-time processing, API ecosystems, Event-driven architectures, Data engineering frameworks, Analytical platforms, and BI tools

  • Experience modernizing legacy platforms and driving cloud transformation initiatives.

Desired Qualifications:

Data Governance & Regulatory Excellence

  • Experience establishing enterprise data governance programs. Strong knowledge of: Data controls, Data quality management, Data lineage, Metadata management, Risk and audit processes, Regulatory reporting requirements

  • Ability to drive trusted, compliant, and AI-ready data ecosystems.

Technology & Engineering Depth

  • Hands-on understanding of:  Distributed data platforms, Real-time processing, API ecosystems, Event-driven architectures, Data engineering frameworks, Analytical platforms, and BI tools

  • Experience modernizing legacy platforms and driving cloud transformation initiatives.

Business Partnership & Product Mindset

  • Proven ability to translate business strategy into technology roadmaps.

  • Experience partnering with: Product organizations, Operations, Finance, Risk, Compliance, Audit

  • Strong focus on business value realization, client outcomes, and measurable ROI.

Talent & Organization Development

  • History of building high-performing engineering and analytics organizations.

  • Experience attracting, retaining, and developing senior technology talent.

  • Strong commitment to inclusion, coaching, succession planning, and leadership development

Skills:

  • Automation

  • Influence

  • Result Orientation

  • Stakeholder Management

  • Technical Strategy Development

  • Application Development

  • Architecture

  • Business Acumen

  • Risk Management

  • Solution Design

  • Agile Practices

  • Analytical Thinking

  • Collaboration

  • Data Management

  • Solution Delivery Process

Minimum Education Requirement: Bachelor’s degree or equivalent work experience.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101)

Pay and benefits information

Pay range

$156,500.00 - $230,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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